Airdrie’s active housing inventory rose 170.6 per cent year-over-year in April, reaching 433 units, according to the Calgary Real Estate Board’s April 2025 regional housing statistics.
Despite the supply increase, the city’s total residential benchmark price held at $544,700 — the same as April 2024.
The board listed the benchmark price for detached homes in Airdrie at $654,300 in its regional pricing breakdown. That reflects a 1.8 per cent increase over the previous year.
In its April 2025 summary, released May 1, the board said inventory levels were now "consistent with long-term trends" following "three consecutive years of exceptionally low April levels."
There were 185 sales in April. New listings reached 290. The sales-to-new-listings ratio was 64 per cent. Months of supply stood at 2.34.
"I believe that we are seeing a return to balance," Airdrie realtor Tyler Baptist said in an interview Wednesday. "I don't believe that we have any less people moving to Airdrie. It's just they have more choice now, and it's going to be better for buyers and sellers in the end, because then sellers can turn around and move up or down."
When asked whether prices had plateaued, Baptist said the current conditions suggest a ceiling.
"Well, with inventory higher than before, but the price is staying the same," she said. "That indicates that we're probably at a ceiling for now, and we'll see how this spring plays out."
The board’s chart shows the highest number of April Airdrie home sales were in the $500,000 to $699,999 range.
"In my experience, it's people moving here from Calgary," Baptist said. "That's what's happening in my world this month, but because we've seen a lot of people coming from places like Ontario, where prices are much higher, they might have more of that capital to spend. Although some of them have moved here and they've rented in Calgary, and now they're ready to buy."
Sales activity eased compared to last year, according to the board. Sales remained above long-term trends. Year-to-date sales reached 579 — a 10.1 per cent increase over the same period last year.
While Airdrie’s sales cooled slightly, Calgary’s market surged. The board reported a 22.3 per cent year-over-year increase in residential sales across Calgary in April.
"Going by what I'm working on now and who I'm meeting, it's people that want to be in Airdrie," Baptist said. "In my experience, it's people moving here from Calgary, so they want to be here for the affordability. Airdrie has all the amenities, and the pricing is better. And I would say a better community in terms of, like, there is community here — you know your neighbours — whereas maybe in Calgary, not so much."
Asked whether homeowners were holding onto properties due to stable value, Baptist said it depends on circumstances.
"Unless you have to move, or you're, you know, wanting to move up or down, like you said, you're probably keeping your home. And if you can keep your home and buy another home, that's another great idea, too. Some properties — always a good thing to hold on to."
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